Association of Former Students of Texas a & M University

Analysis

Association of Former Students of Texas a & M University is a registered charity in United States, based in College Sta, TX. It received its IRS tax-exemption ruling in September 1971, 55 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Association of Former Students of Texas a & M University reported income of $30.1m and spending of $25.3m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $25.6m to $30.1m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association of Former Students of Texas a & M University sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Rippowam Cisqua School Inc ($30.1m), The Frederick Gunn School Incorporated ($30.1m) and Arkansas Connections Academy Inc ($30.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $2.7m (11% of expenses). Other salaries and wages came to $4.6m. It paid $523k in professional fundraising fees. At year end it held assets of $219.6m against liabilities of $5.8m, net assets of $213.9m. It reported 172 employees.